Now showing items 1-7 of 7
Experiment on individual investment decision making process
This working paper reports an investigation into the decision making process of individual faced with a set of risky investment opportunities. An experiment was conducted on a set of students and the data generated from ...
Decision process of individuals under conditions of risk: an experimental study
Theoretical models in finance are many a time based on unrealistic assumptions about the behaviour of individuals. Empirical validation of the models is expected to vindicate the assumptions. However, in most situations, ...
Investigation of decision criteria for investment in risky assets
This paper examines the empirical validity of stochastic dominance rules and the mean-variance framework by analysing data generated through an experiment on individual investment decisions under uncertainty. The analyses ...
Application of markov chains to management of leasing
The paper presents application of Markov Chains to management of leasing. The paper demonstrates that, despite low percentage of bad debts, there could be a significant reduction in the returns earned by a lessor because ...
Experiment on Individual Investment Decision Process